Pension adviser loses £200,000 fee fight with Aviva

An IFA has lost more than £200,000 after a High Court ruled that he cannot recover allegedly unpaid fees from Aviva after one of his clients moved its employees to a new pensions platform, effectively ending his services. The Court dismissed the adviser's claim against provider Aviva and the company he had advised, saying he could not find any breach of contract and therefore Aviva was right to claw back £204,392 in commission, the FTAdviser reported. Richard Wales, an independent finan...